Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
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Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023.
Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options?
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.
An important factor shaping today’s market is the number of homes for sale.
- Today’s housing market is different than it was in 2008.
- Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity.
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week.
If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market.
When you look at the numbers today, the one thing that stands out is the strength of this housing market.
We’re still in a sellers’ market.
You might remember the housing crash in 2008, even if you didn't own a home at the time.